Market Update: IBDT Closes Slightly Higher
On Friday, shares of the iShares— iBonds— Dec 2028 Term Corporate ETF (Symbol: IBDT) rose above their 200-day moving average of $25.00. The shares traded as high as $25.02, marking an increase of about 0.1% for the day. The following chart illustrates the one-year performance of IBDT against its 200-day moving average:
Analyzing the chart, IBDT has a low point of $24.36 per share in its 52-week range, with a peak of $25.63 during the same period. The last trade settled at $25.00.
Click here to find out which 9 other ETFs recently crossed above their 200-day moving average »
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
